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CHS (CHSCP.PFD) Days Payable : 28.87 (As of Feb. 2019)


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What is CHS Days Payable?

CHS's average Accounts Payable for the three months ended in Feb. 2019 was $1,916.00 Mil. CHS's Cost of Goods Sold for the three months ended in Feb. 2019 was $6,056.13 Mil. Hence, CHS's Days Payable for the three months ended in Feb. 2019 was 28.87.

The historical rank and industry rank for CHS's Days Payable or its related term are showing as below:

CHSCP.PFD's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 45.77
* Ranked among companies with meaningful Days Payable only.

CHS's Days Payable increased from Feb. 2018 (28.10) to Feb. 2019 (28.87). It may suggest that CHS delayed paying its suppliers.

CHS Days Payable Historical Data

The historical data trend for CHS's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CHS Days Payable Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.58 22.18 22.56 22.33 22.16

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.10 19.55 20.32 23.04 28.87

Competitive Comparison of CHS's Days Payable

For the Farm Products subindustry, CHS's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CHS's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CHS's Days Payable distribution charts can be found below:

* The bar in red indicates where CHS's Days Payable falls into.


CHS Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

CHS's Days Payable for the fiscal year that ended in Aug. 2018 is calculated as

Days Payable (A: Aug. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2017 ) + Accounts Payable (A: Aug. 2018 )) / count ) / Cost of Goods Sold (A: Aug. 2018 )*Days in Period
=( (1991.294 + 1844.489) / 2 ) / 31589.887*365
=1917.8915 / 31589.887*365
=22.16

CHS's Days Payable for the quarter that ended in Feb. 2019 is calculated as:

Days Payable (Q: Feb. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2018 ) + Accounts Payable (Q: Feb. 2019 )) / count ) / Cost of Goods Sold (Q: Feb. 2019 )*Days in Period
=( (2202.487 + 1629.511) / 2 ) / 6056.126*365 / 4
=1915.999 / 6056.126*365 / 4
=28.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CHS Days Payable Related Terms

Thank you for viewing the detailed overview of CHS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CHS (CHSCP.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » CHS Inc (NAS:CHSCP.PFD) » Definitions » Days Payable
Comparable Companies
LNDC LMNR AEPLF MPEVF AGXXF PME EDRSF ALCO CMLZF SLCJY INPCF NRYYF SANW VFFIF CMGHF SIAF ACMB EYTH SEED SHMP
Traded in Other Exchanges
N/A
Address
5500 Cenex Drive, Inver Grove Heights, MN, USA, 55077
Website
https://www.chsinc.com
CHS Inc is an integrated agricultural enterprise, that provides grain, food and energy resources to businesses and consumers. Its Energy segment produces and provides wholesale distribution of petroleum products and transportation of those products. Its Ag segment, which is the key revenue driver, purchases and processes or resells grains and oilseeds; serves as a wholesaler and retailer of crop inputs; produces and markets ethanol. Its Nitrogen Production segment consists of equity method investment in CF Nitrogen, which entitles to the purchase of up to a specified quantity of granular urea and UAN annually from CF Nitrogen. Maximum revenue is generated from Ag segment.